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If the price index is 100 this year,then:
Correlation Problem
Issues arising from attempts to interpret or infer causality from purely correlational data without establishing a clear causal relationship.
Causation
The relationship between cause and effect, where one event (the cause) directly results in another event (the effect).
Economic Activity
Any action that involves the production, distribution, and consumption of goods and services within an economy.
Fallacy of Composition
The erroneous belief or argument that what is true for a part is necessarily true for the whole, or that what holds for individual members of a group must necessarily hold for the group as a whole.
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